Video 9:44
Shale gas offers a Cooper Basin revival

Mike Sexton
Fri 4 Oct 2013, 8:52 PM AEST

This week the state government announced two new blocks totalling more than four thousand square kilometres of the Cooper Basin are now open for bidding by oil and gas companies.The basin which first began producing natural gas in 1969 had been in the process of winding down.Now the combination of the energy demands of Asia and new technologies have created renewed interest especially in what is known as "shale gas" deposits.